Court to reconsider RUSAL's $800k lawsuit against RusHydro
MOSCOW, October 17 - RAPSI, Alyona Yegorova. An appeals court will reconsider on November 8 a $801,700 lawsuit filed by the RUSAL Sayanogorsk Aluminium Smelter against RusHydro for losses incurred after an accident at the Sayano-Shushenskaya Hydropower Plant, the court told the Russian Legal Information Agency (RAPSI).
RusHydro is Russia's largest power generating company, which comprises 60 renewable energy source plants.
The accident at the Sayano-Shushenskaya HPP occurred on August 17, 2009 when a turbine 2 broke apart. The turbine hall and engine room were flooded. Three turbines were destroyed and all of the other turbines were damages. The plant consequently ceased operating.
The accident caused a power cut at the Sayanogorsk and Khakassky aluminium smelters, which resulted in multi-million ruble losses sustained by the plants. The RUSAL Sayanogorsk Aluminium Smelter sustained a 25 million ruble ($806,700) loss. The smelters filed a lawsuit against RusHydro to compensate for the losses.
RUSAL is the world's leading aluminum manufacturer. It occupies 10 percent of the global market.